Tilal Real Estates recently unveiled their groundbreaking project, the “Heart of Khobar”, at the Cityscape Global exhibition in Riyadh. With an estimated market value of SR 6 billion upon completion, this project is a significant step towards supporting Saudi Arabia’s Vision 2030 by providing sustainable housing solutions for families. Spanning over 268,813 square meters in Khobar’s Al Rawabi neighborhood, the “Heart of Khobar” project features 14 components, including residential and commercial facilities, hotels, and recreational venues, set to become one of the most distinctive integrated communities in the Kingdom.
The CEO of Tilal Real Estate, Abdulrahman AlBassam, emphasized the strategic importance of the “Heart of Khobar” project in creating a smart and integrated city that enhances the quality of life for its residents and visitors, blending sustainability, comfort, and luxury. AlBassam aims to position Khobar as an appealing destination for both living and investment by setting new standards in urban development and contributing to the Kingdom’s overall vision for the future. The project’s unique design focuses on pedestrian-friendly features, promoting up to 89 percent mobility on foot to facilitate easy access to services and utilities, fostering public health and social interaction among residents.
The “Heart of Khobar” project includes a diverse range of facilities such as a shopping mall, business park, community center, cinema, hotels, serviced apartments, co-working spaces, and recreational venues, creating an ideal environment for both living and working. The development plan is divided into three phases, with each stage catering to different areas such as residential units, offices, hotels, and recreational facilities, ensuring the integration of the design to meet the diverse needs of the local community. By focusing on creating a safe and flexible environment that combines housing, work, and entertainment in one centralized location, the project aims to revolutionize the concept of urban living in Khobar.
Established in 2020, Tilal is the largest real estate alliance in Saudi Arabia, comprising prestigious business groups like Al-Tamimi Group, Kabbani Group, and AlOthman Group. Leveraging the resources and expertise of over 114 companies within the alliance, Tilal is committed to developing modern, world-class residential communities that offer the highest quality of life for its residents in the Kingdom. With a vision for creating desirable living spaces that meet the evolving needs of the community, Tilal Real Estates is dedicated to setting new benchmarks in the real estate sector through innovative and sustainable projects like the “Heart of Khobar”.
In conclusion, the “Heart of Khobar” project represents a significant milestone in Tilal Real Estates’ commitment to creating a vibrant and integrated urban community that aligns with Saudi Arabia’s Vision 2030 objectives. By incorporating pedestrian-friendly design elements, diverse amenities, and a focus on sustainability, the project aims to elevate the standard of living in Khobar and establish a new benchmark for urban development in the Kingdom. As Tilal continues to progress through the project’s phases in the coming years, it is poised to make a positive impact on the Eastern Province and contribute to the long-term growth and prosperity of the region.
